Another bearish pattern - GraveStone Doji!!!

Indian markets to open on Negative note tracking global markets, SGX Nifty is trading @ 8188 (-15 points)

As posted earlier Bearish Engulf with RSI Candle Divergence at Window (Gap down) resistance on daily charts indicating a pause in the uptrend, However the same will confirm when Nifty breaks 8130 - 8100 levels.

One more bearish candle occurred yesterday on daily charts - Grave Stone Doji which adding to the weakness.

Areas to watch out :
Supports @ 8130 - 8130 - 8060 - 8000
Resistance @ 8220 - 8250 - 8300

Bias will change to Negative for short term if Nifty breaks 8130 - 8100 levels.

Trade with Strict stoploss and with Proper Money Management.

Regards,
Mayur S.